It will boost manufacturing and bridge the funding gap to the sector that holds great potential for Uganda’s growth Kampala, Uganda | THE INDEPENDENT | Uganda’s commercial banks are planning to provide Shs1trillion in export credit facility to help local manufacturers boost their access to the regional markets. Sarah Arapta, …
Read More »Export guarantee safeguards key for promoting regional trade
Kampala, Uganda | THE INDEPENDENT | Uganda needs an export guarantee scheme for trade with Democratic Republic of Congo and South Sudan, according to the Uganda Manufacturers Association Executive Director, Daniel Birungi. Birungi made the remarks at the recently held post-budget virtual conference in Kampala sponsored by Absa Bank Uganda. Birungi’s …
Read More »Industrialists happy as power connections resume, despite increased cost
Kampala, Uganda | THE INDEPENDENT | Anyone seeking to have electricity connected to their premises will now have to pay the full costs, following the scrapping of the subsidy, as well as the free connection policy, by the government. Since 2005, the government has been subsidizing the cost of connecting power …
Read More »Exporters push for tough measures against trade barriers from EAC states
Kampala, Uganda | THE INDEPENDENT | Manufacturers have asked the Government to institute tough measures against EAC states that continue to block imports from Uganda. Under their umbrella body, Uganda Manufacturers Association- UMA, they note that the continued blockade of Ugandan goods from entering the Kenyan market is a violation of …
Read More »Manufacturers yet to decide fate of 2020 international trade fair
Kampala, Uganda | Julius Businge | Top executives at Uganda Manufacturers Association are yet to decide on the fate of this year’s Uganda International Trade Fair as the government of Uganda continues to discourage social gatherings that might fuel the spread of COVID-19 pandemic. In a telephone interview with The Independent …
Read More »